Northview, MI Cost Of Living
Cost Of Living In Northview, MI Summary
Cost of living in Northview research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Northview is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Northview is 94, with 100 being the average.
The cost of living index in Northview is 0.9x lower than the national average.
Northview ranks as the #117 cheapest in Michigan out of 175.
Northview ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Northview is $202,700.
The median income in Northview is $66,976.
Table Of Contents
Northview's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Northview, MI?
According to the most recent data on the cost of living, Northview has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Michigan, Northview has a cost of living index that's 1.0x higher than Michigan's index of 92.
The standard of living in Northview ranks as #117 most affordable out of the 175 places we measured in Michigan. By definition, that implies Northview ranks as the #58 most expensive place in the Wolverine State.
For more reading on life in Northview, check out:
- Living In Northview
- Search Homes For Sale In Northview, MI
In Michigan
In America
Northview Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Northview. Here is how it fairs on each of the criteria:
The Services index in Northview is 98.
The Groceries index in Northview is 89.
The Health index in Northview is 95.
The Housing index in Northview is 83.
The Transportation index in Northview is 107.
The Utilities index in Northview is 99.
| Living Expense | Northview | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 94 | 92 | 100 | |
| Services | 98 | 96 | 100 | |
| Groceries | 89 | 96 | 100 | |
| Health | 95 | 94 | 100 | |
| Housing | 83 | 80 | 100 | |
| Transportation | 107 | 97 | 100 | |
| Utilities | 99 | 100 | 100 | |
Northview, MI Housing Cost Breakdown
Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Northview is $202,700.
The Median Rent in Northview is $1,215.
The Median Income in Northview is $66,976.
The Home Value To Income in Northview is 3.0x.
The Rent To Monthly Income in Northview is 0.22x.
| Statistic | Northview | Michigan | United States |
|---|---|---|---|
| Median Home Value | $202,700 | $172,100 | $244,900 |
| Median Rent | $1,215 | $946 | $1,163 |
| Median Income | $66,976 | $63,202 | $69,021 |
| Home Value To Income | 3.0x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Northview, MI Costs By Category
Detailed Northview Services Costs Vs. Michigan
Detailed Northview Groceries Costs Vs. Michigan
Detailed Northview Health Costs Vs. Michigan
Detailed Northview Transportation Costs Vs. Michigan
Detailed Northview Utilities Costs Vs. Michigan
Northview SnackAbility
/10
Cost Of Living In Cities Around Northview
The cost of living varies in the cities and towns around Northview. Here's a quick look at the cost of living in the most populous nearby places:
Grand Rapids, MI has a cost of living index of 90, 1.0x Northview.
Wyoming, MI has a cost of living index of 89, 0.9x Northview.
Kentwood, MI has a cost of living index of 92, 1.0x Northview.
| City | Population | Cost Of Living | Vs. Northview |
|---|---|---|---|
| Grand Rapids, MI | 197,858 | 90 | 1.0x |
| Wyoming, MI | 76,625 | 89 | 0.9x |
| Kentwood, MI | 53,884 | 92 | 1.0x |
| Forest Hills, MI | 28,327 | 112 | 1.2x |
| Walker, MI | 25,149 | 91 | 1.0x |
| Cutlerville, MI | 19,313 | 88 | 0.9x |
| Jenison, MI | 17,570 | 94 | 1.0x |
| Grandville, MI | 16,043 | 89 | 0.9x |
| East Grand Rapids, MI | 11,381 | 115 | 1.2x |
| Comstock Park, MI | 10,202 | 89 | 0.9x |
